2014 ETB to BRL Historical Review

YEARLY HIGH

0.1351 BRL

YEARLY LOW

0.1117 BRL

YEARLY AVERAGE

0.1196 BRL

2014 ETB to BRL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the ETB to BRL exchange rate experienced significant fluctuation. The market reached its absolute peak on December 16, valuing the pair at 0.1351. Conversely, the yearly low was recorded on September 4, dropping to 0.1117.

This high-to-low spread represents a total annual volatility of 0.0233 BRL. From a start-to-finish perspective, comparing the January average rate of 0.1241 to the December average rate of 0.1311, the exchange rate registered a net change of 5.66% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.1351 was up 4.32% compared to the 2013 peak of 0.1295, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 ETB based on timing:

Yearly Peak High 675 BRL

2013 Average 577 BRL

Yearly Trough Low 559 BRL

Transaction Impact: A difference of 116.62 BRL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.1330

0.1109

JanuMarcMayJulySeptNove

ETB to BRL Seasonal Trends & Volatility Analysis

A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.

Seasonal Halves (H1 vs H2)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 0.1185, compared to 0.1207 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0022 points.

H1 Avg (Jan–Jun) 0.1185

H2 Avg (Jul–Dec) 0.1207

Volatility Range Comparison

Volatility

The most volatile month in 2014 was September, with a trading range of 0.0107 BRL (High: 0.1225 / Low: 0.1117). On the other end, May was the most stable month, with a tight range of 0.0014 BRL (High: 0.1145 / Low: 0.1131).

September Spread (Volatile) ±0.0107

May Spread (Stable) ±0.0014

Growth Streaks & Declines

Trends

Between July and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0058 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0058

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2014: 0.1311) against the same month in 2013 (average: 0.1229), the exchange rate shifted by +0.0083 (+6.72%).

2014 Avg (December) 0.1311

2013 Avg (December) 0.1229

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1269	0.1221	0.1241
February	0.1266	0.1206	0.1238
March	0.1225	0.1167	0.1206
April	0.1173	0.1131	0.1148
May	0.1145	0.1131	0.1138
June	0.1164	0.1121	0.1140
July	0.1142	0.1122	0.1127
August	0.1157	0.1124	0.1143
September	0.1225	0.1117	0.1171
October	0.1252	0.1195	0.1224
November	0.1300	0.1231	0.1268
December	0.1351	0.1270	0.1311